Lower Respiratory Tract Infection Treatment Market to reach USD 80.27 billion and CAGR of 7.00% by 2029
Data Bridge Market Research offers detailed research on the Lower Respiratory Tract Infection Treatment Market - Trends and Forecast to 2029
PUNE, MAHARASHTRA, INDIA, August 24, 2022 /EINPresswire.com/ -- The key attributes implemented while creating Lower Respiratory Tract Infection Treatment market report include highest level of spirit, practical solutions, committed research and analysis, innovation, integrated approaches, and most up-to-date technology. A plentiful markets, marketing strategies, trends, future products, and rising opportunities have been considered while studying market for preparing this industry analysis report. The credible report has been designed with the attentive efforts of innovative, enthusiastic, knowledgeable and experienced team of analysts, researchers, industry experts, and forecasters. Take business at the peak level of growth with an all-inclusive Lower Respiratory Tract Infection Treatment market research report.
To prepare the world class Lower Respiratory Tract Infection Treatment business report, a devotion and commitment of supreme level of resilience and integrated approaches has been kept at the center. The market report also identifies and analyses the emerging trends along with major driving factors, challenges and opportunities in the market. This industry analysis report also provides CAGR value fluctuation in percentage during the forecast period of 2022-2029 for the market. The large scale Lower Respiratory Tract Infection Treatment market report comprises of extensive study about diverse market segments and regions, emerging trends along with major drivers, challenges, and opportunities in the market.
Data Bridge Market Research analyses that the lower respiratory tract infection treatment market was valued at USD 46.72 billion in 2021 and is expected to reach USD 80.27 billion by 2029, registering a CAGR of 7.00% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Some of the major players operating in the lower respiratory tract infection treatment market are:
F. Hoffmann-La Roche Ltd. (Switzerland)
Mylan N.V. (US)
Teva Pharmaceutical Industries Ltd.(Israel)
Sanofi (France)
Pfizer Inc. (US)
GlaxoSmithKline plc (UK)
Novartis AG (Switzerland)
AstraZeneca (UK)
Johnson & Johnson Private Limited (US)
Sun Pharmaceutical Industries Ltd. (India)
Merck & Co., Inc. (US)
Bristol-Myers Squibb Company (US)
Abbott (US)
Hikma Pharmaceuticals PLC (UK)
Allergan (Ireland)
Eli Lilly and Company (US)
Aurobindo Pharma (India)
Lupin (India)
SHIONOGI & Co., Ltd. (Japan)
AbbVie Inc. (US)
Lower respiratory tract infections (LRTI) are infections that affect the airways (below the extent of the larynx), such as the alveolar sacs and trachea. LRTI can be classified in a variety of ways. Acute bronchitis, bronchiolitis, and the flu are types of severe infections that affect the airways, while pneumonia is an instance of severe infections that damage the alveolar sacs. Acute bronchitis, pneumonia, acute exacerbations of chronic obstructive pulmonary disease/chronic bronchitis (AECB), and acute exacerbation of bronchiectasis are all forms of LRTI.
Drivers
Increasing prevalence of lung diseases
The rising prevalence of lung diseases across the globe is estimated to enhance the market's growth. Respiratory syncytial virus (RSV) is responsible for 30 million lower respiratory tract infection cases in children annually, according to the World Health Organization (WHO), and the incidence of such viral infections will fuel market expansion.
Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of lower respiratory tract infection treatment market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.
Growing number of geriatric population
The surging geriatric population is estimated to enhance the market's expansion during the forecast period of 2022-2029. According to the World Health Organization (WHO), the worldwide geriatric population, which was estimated to be over 524 million in 2010, is expected to increase to nearly 2 billion by 2050. Due to their compromised immune systems, geriatrics are more susceptible to 'lower respiratory tract infection, further estimated to enhance themarket's growth rate.
Furthermore, rising initiatives by public and private organizations to spread awareness will expand the lower respiratory tract infection treatment market. Additionally, sedentary lifestyle of people and surging risk of pneumonia in children will result in the expansion of lower respiratory tract infection treatment market.
Opportunities
Increase in the number of research and development activities
Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the growth of the lower respiratory tract infection treatment market. Along with this, rising drug approvals and launches will further propel the 'market's growth rate.
Moreover, rising investment for the development of advanced technologies and an increase in the number of emerging markets will further provide beneficial opportunities for the growth of the lower respiratory tract infection treatment market during the forecast period.
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Recent Development
In September 2021, BDR Pharma announced the launch of biapenem to treat patients with intra-abdominal, lower respiratory or complicated urinary tract infections. Patients with intra-abdominal, lower respiratory, or severe urinary tract infections are usually administered biapenem. It's a carbapenem antibacterial agent used in parenteral administration. However, as compared to other carbapenems, the dosage of Biapen is significantly lower.
Global Lower Respiratory Tract Infection Treatment Market Scope
The lower respiratory tract infection treatment market is segmented on the basis of mode of transmission, type of infection, diagnosis, treatment, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Mode of Transmission
Hospital Acquired
Ventilator Acquired
Community Acquired
Type of Infection
Pneumonia
Bronchitis
Influenza
Tuberculosis
Others
Route of Administration
Oral
Parenteral
Others
Diagnosis
Mucus Samples
Blood Tests
Chest X-rays
Pulse Oximetry
Treatment
Medication
Nonsteroidal anti-inflammatory drugs (NSAIDs)
Acetaminophen
Bronchodilator inhaler
Antibiotics
Others
Vaccines
End-Users
Hospitals
Specialty Clinics
Homecare
Others
Distribution Channel
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Others
Browse the Complete Table of Content of Lower Respiratory Tract Infection Treatment Market: https://www.databridgemarketresearch.com/toc/?dbmr=global-lower-respiratory-tract-infection-treatment-market
Lower Respiratory Tract Infection Treatment Market Regional Analysis/Insights
The lower respiratory tract infection treatment market is analysed and market size insights and trends are provided by country, mode of transmission, type of infection, diagnosis, treatment, route of administration, end-users and distribution channel as referenced above.
The countries covered in the lower respiratory tract infection treatment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the lower respiratory tract infection treatment market because of the increase in multi-drug resistance bacterial infection among children and immune-compromised adults and rising geriatric population in this region. Additionally, rising healthcare expenditure and presence of major key players will further propel the 'market's growth rate in this region.
Asia-Pacific are expected to grow during the forecast period due to increasing prevalence of unhealthy lifestyle in this region. Also, development of healthcare infrastructure and rise in patient awareness will further propel the 'market's growth rate in this region.
What are the market opportunities, market risks, and market overviews of the Lower Respiratory Tract Infection Treatment Market?
Who are the distributors, traders, and merchants in Lower Respiratory Tract Infection Treatment Market?
What is the analysis of sales, income, and prices of the leading manufacturers in the Lower Respiratory Tract Infection Treatment Market?
What are the Lower Respiratory Tract Infection Treatment market opportunities and threats faced by the Lower Respiratory Tract Infection Treatment Market vendors?
What are the main factors driving the Lower Respiratory Tract Infection Treatment Industry?
What are the Top Players in Lower Respiratory Tract Infection Treatment industry?
What is the analysis of sales, income, and prices by type, application of the Lower Respiratory Tract Infection Treatment market?
What is regional sales, income, and price analysis for Lower Respiratory Tract Infection Treatment Market?
Table Of Contents: Lower Respiratory Tract Infection Treatment market
1 Introduction
2 Market Segmentation
3 Market Overview
4 Executive Summary
5 Premium Insights
6 Lower Respiratory Tract Infection Treatment market, By Type
7 Lower Respiratory Tract Infection Treatment market, By Tumor Type
8 Lower Respiratory Tract Infection Treatment market, By Application
9 Lower Respiratory Tract Infection Treatment market, By End User
0 Lower Respiratory Tract Infection Treatment market, By Geography
11 Lower Respiratory Tract Infection Treatment market, Company Landscape
12 Company Profiles
13 Related Reports
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